2012 June; 2018 Mar: From the following Trial Balance of Rajesh, prepare Trading, Profit & Loss

A/c and Balance

Sheet for the year ending 31-12-2009:
Particulars Amount Particulars Amount Adjustments:
Salaries 6000 Sales 47000 1. Outstanding wages 2000 and
Purchases 22000 Creditors 10000 outstanding salaries 1000
Wages 7800 Capital 25000 2. Prepaid Insurance 50
Carriage on Purchases 400 Bills Payable 5800 3. Create 5% Reserve for Bad
Office Expenses 500 debts on Debtors
Commission 600 4. Depreciate Furniture by 150
Debtors 30000 and Machinery by 500
Furniture 3000 5. Closing Stock 11000
Machinery 10000
Insurance 400
Bills Receivable 2000
Cash Balance 1100
Bank Balance 4000
87800 87800

2012 – Mar: From the following Trial Balance of Balu, prepare Trading, Profit & Loss A/c and Balance Sheet for the
year ending 31-12-2010:
Particulars Amount Particulars Amount Adjustments:
Salaries 24000 Sales 188000 1. Closing Stock 44000
Purchases 104000 Creditors 84000 2. Outstanding wages 8000
Trade Expenses 4000 Capital 100000 3. Prepaid Insurance 200
Wages 31200 Bills Payable 27200 4. Provide 5% Reserve for Bad
Carriage 1600 Discount 800 debts on Debtors
Office Expenses 2000 5. Depreciate Furniture and
Commission 2400 Machinery by 5%
Bad Debts 4800
Debtors 120000
Furniture 12000
Machinery 40000
Insurance 1600
Bills Receivable 8000
Opening Stock 28000
Cash in Hand 2000
Cash at Bank 14400
400000 400000
2011 Mar; 2014 Mar; 2013 Mar; 2011 Mar; 2017 Mar
Adjustments:
1. Closing Stock 26800/-
2. Depreciate 10% on Machinery
and
20 % on Patents
3. Outstanding salaries 1500/-
4. Prepaid Insurance 170/-
5. Provided 5% bad debts reserve
on Debtors.
2015 Mar; 2019 Mar: From the following Trial Balance of Pavan, , prepare Trading, Profit & Loss A/c and Balance
Sheet for the year ending 31-03-2014:
Particulars Amount Particulars Amount Adjustments:
Opening Stock 9000 Sales 44000 1. Closing Stock 7500
Purchases 15000 Interest 2800 2. Depreciation on Machinery
Drawings 4000 Commission 3200 @ 12%
Carriage Inwards 1000 Capital 100000 3. Commisson received in
Salaries 7500 Creditors 10000 advance 1200
Wages 4200 4. Interest Receivable 1500
Rent 5900 5. Further Bad Debtors 400
Bills Receivable 6000 6. Prepaid Insurance 500
Furniture 12300
Insurance 2000
Xerox Charges 300
Trade Expenses 1700
Machinery 30000
Trade Marks 15000
Advertisement Expenses 2600
Import Duties 1400
Oil, Coal, Water 1500
Debtors 40000
Bad Debts 600
160000 160000
2015 – May: From the following Trial Balance of Pallavi Traders, prepare Final Accounts as on 31-03-2014:
Particulars Amount Particulars Amount Adjustments:
Opening Stock 2400 Capital 44000 1. Closing Stock 20000
Purchases 34000 Sales 30000 2. Reserve for Bad Debts 10%
Sales Returns 2000 Purchase Returns 1600 3. Depreciation on Machinery
Salaries 1600 Creditors 18000 20%
Wages 2000 4. Depreciation on Furniture at
Travelling Expenses 2000
10%
Carriage on Purchases 2000
Debtors 30000
Cash 4000
Plant & Machinery 10000
Bank Charges 1000
Frieght 2000
Import Duty 600
93600 936000
2016 – Mar: From the following Trial Balance of Praveen, prepare Trading and Profit & Loss a/c and Balance Sheet
as on 31-03-2015:
Particulars Amount Particulars Amount Adjustments:
Opening Stock 1200 Sales 42000 1. Outstanding Salaries 2000/-
Cash 1200 Creditors 10000
2. Prepaid Insurance 200/-
Bills Receivable 2000 Capital 20800
Investments 3000 Bills Payable 6000 3. Provide Depreciation on
Bank 1000 Bank Over Draft 1200
Buildings at 10% p.a.
Insurance 600
Buildings 10000 4. Create 5% Reserve for Bad
Furniture 3000
Debtors
Debtors 30000
Rent 600 5. Closing Stock 11000/-
Salaries 6000
Carriage 400
Wages 1000
Purchases 20000
80000 800000
2016 – May: From the following T/Balance of M/s Rama Traders, prepare Trading and P & La/c and B/ S as on 31-
03-2014:
Particulars Amount Particulars Amount Adjustments:
Opening Stock 4000 Capital 20000 1. Closing Stock valued at
Purchases 3700 Creditors 2000
4500/-
Wages 1000 Bills Payable 5000
Carriage 500 Discount 1900 2. Prepaid Wages 200/-
Rent 800 Sales 8000
3. Outstanding Rent 200/-
Salaries 600 Bank Over Draft 2000
Discount 400 4. Depreciate 10% on
Advertisement 600
Machinery and 5 % on
Customs Duty 500
Factory Insurance 300 Furniture
Machinery 10000
Debtors 7000
Furniture 8000
Speed Post Charges 600
Bad Debts 900
38900 38900
2014 May; 2018 May: From the following T/B of Paramesh, prepare Trading, P & L A/c and B/S for the year ending
31-12-2012:
Particulars Amount Particulars Amount Adjustments:
Purchases 76000 Sales 145000 1. Closing Stock 34500/-
Sales Returns 3200 Purchase Returns 2500 2. Depreciate Plant &
Wages 5300 Capital 120000 Machinery by 5%
Salaries 24500 Creditors 62000 3. Outstanding Salaries 5500/-
Insurance 4500 Bank Over Draft 13000 4. Prepaid Insurance 1500/-
Plant & Machinery 80000 Bills Payable 40000 5. Provide 5% Provision for
Furniture 45000 Bad Debts on Debtors
Cash at Bank 31000
Opening Stock 22000
Bills Receivable 29000
Debtors 50000
Audit Fees 1500
Carriage Inward 1800
Carriage Outward 2800
Office Expenses 5600
382500 382500
2013 – June: From the following T/B of Ganesh, prepare Trading, P & L A/c and B/S for the year ending 31-12-2011:
Particulars Amount Particulars Amount Adjustments:
Cash in Hand 1000 Sales 107700 1. Closing Stock 26800/-
Cash at Bank 2500 Capital 80000 2. Outstanding Wages 1500/-;
Purchases 65000 Purchase Returns 1000 Outstanding Salaries 1900/-
Sales Returns 1900 Interest 900 3. Prepaid Insurance 300/-
Wages 3000 Creditors 10000 4. Depreciate 10% on
Advertisement 4500 Bills Payable 20000 Machinery and 5% on
Insurance 2000 Discount 2000 Furniture
Furniture 2100 5. Write Off Bad Debts 1000/-
Opening Stock 15000 and Provide 5% provision
Machinery 35000 for Bad Debts on Debtors.
Debtors 50000
Carriage Inward 20000
Carriage Outward 1100
Rates and Taxes 2000
Drawings 1500
Bills Receivable 5000
100000
221600 221600
2019 May: From the following T/B, prepare Trading, P & L A/c and B/S as on 31-12-2017of M/s Praveen Traders:
Particulars Amount Particulars Amount Adjustments:
Cash in Hand 3000 Capital 15000 1. Closing Stock value 4500/-
Purchases 5000 Creditors 1000 2. Outstanding Wages 300/-
Wages 1000 Bank Over Draft 1000 3. Outstanding Salaries 500/-
Carriage 500 Sales 9000 4. Prepaid Insurance 400/-
Opening Stock 2500 Purchase Returns 500
Sales Returns 600 Commission Received 1200
Salaries 1000
Rent 800
Machinery 5000
Furniture 2000
Insurance 900
Debtors 4000
Discount 400
Bills Receivable 1000
27700 27700

Mar 2011:

Jun 2012:
From the following particulars prepare Kiran’s Account: Prepare Subsidiary Books from the following:
2009 Jan 01 Amount Due to Kiran 20000/- 2001 Jan 01 Sold goods to Sai Traders 100000/-
10 Goods purchased from Kiran 25000/- 04 Sold goods to Naresh & Bros. 15000/-
16 Goods returned to Kiran 5000/- 12 Sold goods to Sharma & Co. 12000/-
18 Cash paid to Kiran 8000/- 15 Sai Traders returned goods 1400/-
20 Goods purchased from Kiran 15000/- 21 Sharma & Co returned goods 1200/-.
25 Amount payable to Kiran settled with Cheque.

Mar 2012:
From the following particulars prepare Vijay Account: Record the following transactions in Proper Subsidiary
2011 Mar 01 Bought goods from Vijay 5000/- Books
05 Sold goods to Vijay 10000/- 2001 Jun 01 Purchased goods from Madhuri 4000/-
10 Cheque received from Vijay 7000/- 05 Sold goods to Swathi 3000/-
15 Returned goods to Vijay 500/- 09 Purchased goods from Vikas 5000/-
20 Bought goods from Vijay 3000/- 18 Sold goods to Vani 6000/-
30 Cash paid to Vijay 2000/- 22 Purchased goods from Usha 8000/-
28 Sold goods to Harika 2000/-.

Jun 2013
Prepare Thanuja Account from the following particulars: Prepare Subsidiary Books from the following:
2009 Apr 01 Bought goods from Thanuja 10000/- 2010 Jun 01 Sold goods to Lakshmi 15000/-
05 Sold goods to Thanuja 10000/- 02 Sales made to Vasumathi 10000/-
08 Purchased from Thanuja 2600/- 04 Goods sold to Kumari 9000/-
10 Goods Returned to Thanuja 1000/- 06 Goods returned by Vasumathi 800/-
12 Sales made to Thanuja 3000/- 12 Good returned from Lakshmi 1000/-
16 Cash received from Thanuja 4000/- 16 Goods sold to Arun 12000/- receied cash from him.
MAR 2013

MAY 2014

MAR 2014 ; Mar 2017

Prepare Shailaja A/c from the following: From the following transactions, prepare Sales Book and
2009 Jan 1 Due to Sailaja 1500/- Sales Returns Book:
10 Goods purchased from Sailaja 18000/- 1998 Jan 1 Sales to Jayanthi Traders 10000/-
16 Goods returned by Sailaja 3000/- 04 Sales to Rao 5000/-
18 Cash paid to Sailaja 5000/- 12 Sales to Giri & Co 2000/-
25 Sailaja A/c settled by cheque at 5% discount. 15 Returns from Jayanthi Traders 400/-
21 Retunrs from Giri & Co 200/-

MAY 2015

MAR 2015

MAY 2016
MAR 2016

Mar 2018
Prepare Praveen’s A/c from the following as on 31-03-
2015:
2015 Mar 1 Balance Due from Praveen 1750
07 Sold goods to Praveen 750
10 Purchased goods from Praveen 500
15 Paid cash to Praveen 400
23 Received Cash from Praveen 250
25 Returned goods to Praveen 100

May 2018
From the following information, prepare Srinivas A/c as From the following particulars prepare Sales and Sales
on 31-03-2016: Returns Journal:
2015 Mar 1 Balance Due from Srinivas 3500 2016 Jan 04 Sold goods to Sanjana 3000
07 Sold goods to Srinivas 1500 05 Sold goods to Karthik Traders 18400
10 Purchased goods from Srinivas 1000 08 Goods returned from Sanjana 400
15 Paid cash to Srinivas 800 10 Sold goods to Ananya 5600
23 Received Cash from Srinivas 500 13 Return inwards from Karthik Traders 3000
25 Returned goods to Srinivas 200 15 Sold goods to Puneet 17200
18 Goods sold to Navitha 4800

Mar 2019
Prepare Anurudh’s A/c from the following:
2015 Jan 1 Balance Due from Anurudh 1900
09 Sold goods to Anurudh 1000
12 Purchased goods from Anurudh 750
15 Returned goods to Anurudh 200
20 Anurudh returned goods 100
25 Received Cheque from Anurudh 400
28 Paid cash to Anurudh 600
(Anurudh Account settled with 5% Discount)

May 2019
From the following information, prepare Dharani A/c
as on 31-03-2017:
2015 Mar 1 Balance Due from Dharani 8500
05 Sold goods to Dharani 4500
10 Purchased goods from Dharani 9000
15 Cash paid to Dharani 800
28 Cash received from Dharani 500
30 Goods returned to Dharani 200
(Dharani cleared her account with 5% Discount
allowed)
Prepare Three Column Cash Book from the following particulars:
2018 Mar 01 Cash in Hand 14000
Cash at Bank 20000
05 Cash Sales 4900
07 Cheque issued to Big Bazar 1800
Discount Received 200
08 Cash received from Sai Traders 4500
Cheque 350
Discount Allowed 150
(Cheque deposited into Bank)
14 Cash with drawn from Bank for office use 550
18 Salaries paid by Cheque 400
22 Cash purchases 600
29 Cash paid into Bank 800 May 2019

Prepare Three Column Cash Book from the following particulars:

2012 Dec 01 Cash in Hand 12000
Cash at Bank 18000
03 Cash Sales 6000
08 Received cash from Madhu 5800
Discount Allowed 200
14 Issued cheque to Hari 9600
Discount Received 400
20 Paid Commission 500
23 A cheque received from Govind 3500
Discount Allowed 500
25 Govind’s Cheque deposited into Bank
26 Bought Furniture 2000
28 Withdraw from Bank for Office use 5000
30 Salaries paid by Cheque 1000 Mar 2019

Prepare Three Column Cash Book from the following particulars:

2017 June 01 Cash in Hand 11000
Cash at Bank 20000
05 Cash Sales 1900
07 Issued cheque to Satya 1800
Discount Received 200
08 Received cash from Raju 1500
Cheque 350
Discount Allowed 150
(Cheque deposited into Bank)
16 Cash with drawn from Bank for office use 550
20 Salaries paid by Cheque 400
22 Cash purchases 600
28 Cash paid into Bank 800 May 2018
Mar 2016

Mar 2015
May ‘15;
Mar ‘18

Mar ’14;
Mar ‘17

May 2014
Mar 2013

Mar 2012

Jun2013
Jun 2012

Mar 2011